Callaway Township, MN is a small community located in the northern part of the state. It has a relatively low population but offers a peaceful and rural atmosphere. The cost of living in Callaway Township is quite affordable compared to the national average. Average rent for a two bedroom apartment in Callaway Township is $860 per month whereas the US average is significantly higher at $1,430. Similarly, the Grocery Cost Index in Callaway Township is 97 compared to 100 nationally. \nThe local economy is supported by small businesses such as Clark's Automotive Repair, Wotana Hardware Store, and Country Market grocery store. These businesses offer excellent services at reasonable prices which are suitable for most budgets of locals living in this area. In summary, those looking for an affordable place to live should consider Callaway Township with its low population density and cost of living expenses that are lower than the national average.
Callaway township has an unemployment rate of 5.3%. The US average is 6.0%.
Callaway township has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Callaway township
- The Sales Tax Rate for Callaway township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Callaway township is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Callaway township
- The average income of a Callaway township resident is $20,369 a year. The US average is $28,555 a year.
- The Median household income of a Callaway township resident is $80,250 a year. The US average is $69,021 a year.